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20121213
20121213
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backs and special dividends. but not to hire. >> not to spend the money. >> and sandy cutler on "mad money" last night, this is the guy who is now the head of eaton cooper, they call it eaton, saying construction is better, where i'm seeing some, some positives because the fed. we saw a number today that dazzled me, southern california best home sales in six years. >> have we ever gone into a recession when the home -- when the housing industry, excuse me, is on an upswing? >>> it is a huge part of the u.s. economy. obviously, if you just look at the breakout, only 10%. but the spinoffs of housing, automotive, very good, both in bull market mode. i attribute a lot of that to what the fed has done. gave lot of credit to the fed, perhaps, but also feel the debate shifted yesterday in washington. i began to hear way too many people say, you know what the president is curiously unengaged when it comes to cuts. i have always felt the president had the upper hand in this debate. i listened to bernanke and bernanke says, listen, i know they aren't going to come to deal. i see a lot of repub
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